CHINESE WALL
Ethical barrier placed between several divisions of a company or financial institution to avoid conflict of interest. It exists to restrict access to nonpublic material information. The "wall" is enforced to prevent leakage of corporate inside information, which might affect the advice given to clients making investments, as well as to allow staff to take advantage of facts not yet known to the general public.
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Backup Withholding
Tax which is levied on the investment income, at a fixed tax rate, as the investor pulls it out. Backup withholding aids in ensuring that the gover ...
Stroud Pound
Local, private currency used in Stroud, Gloucestershire. Launched in 2009, it is an initiative supporting and stimulating the local economy by enga ...
Phantom Income
Income paid to a taxpayer during the tax year that is not constructively received at the taxpayer's end. Phantom income is not terribly common, ...
Capital Gains Distribution
In a mutual fund, this is the payment of proceeds incited by a manager of fund’s liquidation of underlying securities and stocks. This takes ...
Market Capitalization Rule
A regulation made by New York Stock Exchange (NYSE) to determine the minimal market value of every firm. The rule states companies should maintain ...
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SEE FOREX TUTORIAL
Principles of Trading: Well Known Trading Instruments
Traders look at two primary factors when choosing the instruments they desire to trade: liquidity and volatility. Liquidity is the extent to which ...
Health Savings Account: Introduction
In essence, health savings account shoulders any health- and medical-related expenses that are not included in the high-deductible health plan. Pay ...
Can You Afford the Renovation Cost?
Do you want to know if your current home can withstand any renovation? Consult the following professionals first for guidance.
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
So You Want A Job in Financial Careers: A Guide
In this tutorial, we will explore the different kinds of financial careers, the various basics of the financial industry, what you need to do in or ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 01:50 | Retail Sales | Oct | |
| 02:30 | Company Operating Profits | 3 quarter | |
| 10:00 | CPI | Nov | |
| 10:30 | BOJ Governor Haruhiko Kuroda Speaks | ||
| 11:30 | M4 Money Supply | Oct | |
| 11:30 | Mortgage Approvals | Oct | |
| 11:30 | Net Lending to Individuals | Oct | |
| 12:00 | Consumer Confidence | Nov | |
| 15:00 | CPI | Nov |
